L&T Technology Services (NSE:LTTS) EBIT: ₹17,910 Mil (TTM As of Mar. 2026)


NSE:LTTS L&T Technology Services Ltd NSE:LTTS
95 GF Score
Price ₹3,324.40
GF Value ₹5,232.59
Valuation Significantly Undervalued
! 3 Warning Signs
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What is L&T Technology Services EBIT?

L&T Technology Services NSE:LTTS -0.41% 95 EBIT is ₹17,910 Mil as of Mar. 2026. GuruFocus rates NSE:LTTS with a GF Score™ of 95/100 and a GF Value™ of ₹5,232.59 (Significantly Undervalued). The stock has 3 warning signs investors should review.

L&T Technology Services's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹4,532 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹17,910 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. L&T Technology Services's annualized ROC % for the quarter that ended in Mar. 2026 was 21.67%. L&T Technology Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 156.72%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. L&T Technology Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.47%.


L&T Technology Services  (NSE:LTTS) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

L&T Technology Services's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=17396 * ( 1 - 26.64% )/( (0 + 58884)/ 1 )
=12761.7056/58884
=21.67 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

L&T Technology Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=18128/( ( (0 + max(0, 0)) + (8703 + max(2864, 0)) )/ 1 )
=18128/( ( 0 + 11567 )/ 1 )
=18128/11567
=156.72 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(20312 + 58 + 13157) - (15119 + 0 + 15544)
=2864

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

L&T Technology Services's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=17910/327708.431
=5.47 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


L&T Technology Services EBIT Related Terms


L&T Technology Services EBIT Historical Data

* Premium members only.

The historical data trend for L&T Technology Services's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

L&T Technology Services EBIT Chart

L&T Technology Services Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13,529.00 17,304.00 18,547.00 16,959.00 17,386.00

L&T Technology Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,009.00 4,490.00 4,638.00 4,250.00 4,532.00

NSE:LTTS vs IBM, ACN, FISV: EBIT Comparison

For the Information Technology Services subindustry, L&T Technology Services's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


L&T Technology Services EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, L&T Technology Services's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where L&T Technology Services's EV-to-EBIT falls into.


NSE:LTTS
95GF Score
L&T Technology Services Ltd NSE:LTTS
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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L&T Technology Services EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹17,910 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₹17,910 Mil mean?
L&T Technology Services (NSE:LTTS) has a EBIT of ₹17,910 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on L&T Technology Services.
Is L&T Technology Services' EBIT too high?
L&T Technology Services' current EBIT is ₹17,910 Mil. Overall, L&T Technology Services has a GF Score™ of 95/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does L&T Technology Services' EBIT compare to IBM and ACN?
L&T Technology Services' EBIT of ₹17,910 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Software company?
A good EBIT depends on the Software industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on L&T Technology Services. L&T Technology Services's current EBIT is ₹17,910 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is L&T Technology Services stock overvalued right now?
Based on GuruFocus' analysis, L&T Technology Services (NSE:LTTS) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹5,232.59, compared to a current price of ₹3,324.40 — trading 36.5% below its estimated fair value. The current EBIT is ₹17,910 Mil. L&T Technology Services' overall GF Score™ is 95/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For L&T Technology Services (NSE:LTTS), the current EBIT is ₹17,910 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is L&T Technology Services (NSE:LTTS) Overvalued in 2026?

Based on GuruFocus' analysis, L&T Technology Services stock appears to be undervalued. The current stock price of ₹3,324.40 is trading 36.5% below its estimated GF Value™ of ₹5,232.59. GuruFocus considers L&T Technology Services to be Significantly Undervalued.

Key valuation signals for NSE:LTTS:

  • EBIT: ₹17,910 Mil
  • GF Value™: ₹5,232.59 vs. price of ₹3,324.40 (36.5% below fair value)
  • GF Score™: 95/100 with 3 warning signs

No single metric tells the full story. See the NSE:LTTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


L&T Technology Services Business Description

Other Exchanges 540115:India
Address National Highway No. 8, Ajwa Waghodia Crossing, West Block-II, L&T Knowledge City (IT/ITES) SEZ, Vadodara, GJ, IND, 390 019
L&T Technology Services Ltd is a provider of engineering and research services in connection to embedded systems and other engineering support services. The company's operating segments include Mobility, Sustainability and Tech. It derives the majority of its revenue from the Sustainability segment. Geographically, it derives a majority of its revenue from North America, while it also has its presence in Europe, India, and Rest of the world. The services provided by the company are Digital engineering & consulting, Product consulting, Manufacturing engineering, and Plant engineering.
95GF Score

Get the complete analysis for NSE:LTTS

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹3,324.40
Price
₹5,232.59
GF Value